The 1998 New Mexico gubernatorial election held on November 3, 1998 to elect the governor and lieutenant governor of New Mexico. Republican incumbent Gary Johnson was re-elected to a second term in office over Albuquerque mayor Martin Chávez.
As of 2026, this is the last time a non-Hispanic was elected governor of New Mexico.
Republican Party
Candidates
- Gary Johnson, incumbent governor of New Mexico since 1995
Democratic Party
Candidates
- Jerry Apodaca, former governor of New Mexico (1975–79)
- Ben Chavez, 1994 candidate for state representative
- Martin Chávez, mayor of Albuquerque
- Reese P. Fullerton, attorney
- Gary King, state representative from Stanley and son of Bruce King
- Robert E. Vigil, New Mexico state auditor
General election
Candidates
- Martin Chávez, mayor of Albuquerque (Democratic)
- Running mate: Diane Denish, businesswoman
- Gary Johnson, incumbent governor since 1995 (Republican)
- Running mate: Walter Dwight Bradley, incumbent lieutenant governor since 1995
Campaign
Johnson campaigned on the policies of his first term in office, promising to continue improvements to public education; cutting state spending, taxes, and bureaucracy; and frequent use of his veto and line-item veto power. Chávez, a strong Hispanic candidate in a state with a 40 percent Hispanic population, was initially considered the favorite in the race.
Results
Johnson won with 55 percent of the vote. This made him the first governor of New Mexico elected to two consecutive four-year terms, following the expansion of term limits in 1991. Johnson made the school voucher system a "hallmark issue" of his second term.
Counties that flipped from Democratic to Republican
- Colfax
- De Baca
- Harding
- Torrance
Counties that flipped from Republican to Democratic